Technical
Financial
Distress signals
Property profile

3422 Business Ctr Dr Pearland, TX 77584

OFF-MARKET
Community centers
Property ID
US82-9354662
17,840 SF 2.03 ac lot Built 2018
Entity Owned 6-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

Southfork Centre offers a fantastic retail opportunity in Pearland, Texas. This vibrant shopping center, totaling 17,653 square feet, boasts a prime location at 3422 Business Center Drive, conveniently situated next to a Costco. Built in 2018, the center enjoys strong visibility and high traffic counts. The available space measures 2,200 square feet and is perfect for a variety of retail uses. The center is currently home to a diverse mix of established businesses, including Legendary Nails, School of Rock, Cinnaholic, Sea Lotus Dentistry, and Szechuan Spice, creating a synergistic and thriving retail environment. This property presents a unique chance to establish a presence in a rapidly growing area with excellent demographics and strong consumer spending. The building's modern construction and desirable location make it an attractive option for businesses seeking high visibility and foot traffic. Brazoria County's robust economy and Pearland's expanding population base offer significant potential for growth and success. The available space is part of a multi-tenant building, providing a collaborative and supportive atmosphere for businesses. Contact us today to learn more about this exceptional retail leasing opportunity in Pearland, Texas, zip code 77584.

Property profile

Verified
Property type Community centers
Use group MINI-MALL
Year built 2018
Total area 17,840 SF
Lot 2.03 ac (88,636 SF)
APN 6563-0001-003
UPID US82-9354662

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Dental Office
  • Restaurant
  • Social Service Agency Charitable Organization
  • Home Decor Store
  • Bakery Specialty Food Shop

Location

3422 Business Ctr Dr Pearland, TX 77584-4155
Pearland metro Census 660612 HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$535k
CAP Approach CAP
by Request
Comparable Approach Comparable
$848k
Blend (final) Blend
$690k

Owner & transaction history

since 2020
2 recorded transactions
2020
Price N/A
2017
Price N/A

Zoning & alternative use

Top alternative use upside
Office building $1.1M +38.2%
Medical building $995,000 +30.7%
Industrial (general) $780,000 +2.3%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3422 Business Ctr Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message